The number of projects built on the Cardano Blockchain reached a serious level ahead of the “Valentine’s Day” update.
Before the expected important update of Cardano Blockchain, a significant increase was observed in the number of projects built on Blockchain. A published report has revealed this situation.
Significant Increase in Cardano Blockchain Projects
A report released ahead of Cardano’s anticipated “Valentine’s Day” update revealed the distribution and numbers of projects built on Blockchain.
According to a new weekly report from Input Output, the number of projects built in Cardano has reached 1,200. Last week, the number of projects increased by nine and three of the projects were launched.
NFT seems to be the most popular area of activity for developers on Cardano. However, according to the latest data at the end of December, more than 30 percent of the total number of projects built on Cardano are being developed in this area.
7 percent of the projects developed are community and social projects, the second most popular area. Third, in the context of Blockchain development, there is the development of tools, which means building the necessary tools to set up and optimize its production.